Klondex to Highlight New Gold Intercepts from Its Nevada Exploration Program at Hard Assets Investment Conference in New York May 12th - 13th - Booth

VANCOUVER, British Columbia & NEW YORK--(BUSINESS WIRE)--Klondex Mines Ltd. (TSX: KDX.TO) will review the progress of its gold exploration and development efforts on its Fire Creek Deposit in North Central Nevada at the annual Hard Assets Investment Conference May 12 -13, 2008, booth # 417, in New York, New York. Klondex will be represented by William Solloway, President and Director; and Brendan Donohoe, Treasurer and Director. Hard Assets is being held at the New York Marriott Marquis Hotel, 1535 Broadway, New York City.

To arrange a meeting with Klondex management during the Hard Asset Investment Conference please contact Steven Hecht or David Collins at 212/835-8500 or kdx@jcir.com.

Admission to Hard Assets is complimentary with pre-registration and includes two full days of presentations by publicly traded mining companies and market analysts, as well as educational seminars, panels and investment workshops for private and professional investors. For more information on Hard Assets and the Conference, visit http://iiconf.com/pebble.asp?relid=62254.

About Klondex Mines Ltd.:

Klondex Mines (TSX: KDX.TO) is a gold exploration company focused on the development and expansion of its high-grade Fire Creek deposit in Nevada, covering 10,708 acres of fee and lease land 100% owned by Klondex. At Fire Creek, Klondex has defined an Indicated Mineral Resource estimated at 1,636,555 tonnes grading 19.88 grams per tonne (0.576 oz/tonne) containing 1,045,738 oz of gold in two separate mineral zones, and has filed for permits to begin bulk sampling for metallurgical testing of up to 120,000 tons of ore. Receipt of these permits is anticipated before the end of the summer.

Fire Creek is located in the Battle Mountain-Eureka Trend in the Northern Nevada Rift, in North Central Nevada, an area of prolific gold production. Klondex currently has two drill rigs working to expand its resource at Fire Creek. The Company was founded over 30 years ago, and its property portfolio consists of four gold exploration projects, all in Nevada. For more information, please visit www.klondexmines.com.

On behalf of Klondex Mines Ltd.

William J. Solloway

President

Jaffoni & Collins
Steven Hecht or David Collins, 212-835-8500
KDX@jcir.com